Gold is where it’s at…?

Today I covered Federal Reserve Chairman Ben Bernanke and Secretary of State Hillary Clinton on Capitol Hill.  Republican Presidential hopeful Ron Paul served on the committee that Bernanke was testifying in front of as well.  I know Paul has a strong and loyal following, but I was unaware of all of his thoughts on all things — so I was shocked to learn Paul is a supporter of precious metal investing.  I’m an avid listener to Dave Ramsey, a personal finance radio talk show host – who has made a pretty clear-cut statement about gold.  It seems pretty clear to me that the current high price of precious metals has just been inflated by fear –  So it took me by surprise when I heard Ron Paul start talking in the hearing about his thoughts on gold and silver!

Republican Presidential Candidate RON PAUL questions Federal Reserve Chairman Ben Bernanke during a hearing on on "Monetary Policy and the State of the Economy." (James Berglie/ZUMA Press)

Federal Reserve Chairman BEN BERNANKE testifies before the House Financial Services Committee hearing on on "Monetary Policy and the State of the Economy." (James Berglie/ZUMA Press)

Secretary of State HILLARY CLINTON testifies before the State, Foreign Operations and Related Programs Subcommittee hearing on the FY2013 budget for the State Department. (James Berglie/ZUMA Press)

Secretary of State HILLARY CLINTON testifies before the State, Foreign Operations and Related Programs Subcommittee hearing on the FY2013 budget for the State Department. (James Berglie/ZUMA Press)

Congressman BARNEY FRANK and Congressman EDWARD MARKEY speak to the media about high gas prices. (James Berglie/ZUMA Press)